Examlex
Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
-Ice Age
Semi-annual dividend
A payment made to shareholders from a company's earnings, distributed twice a year.
Perpetual preferred share
A type of preferred stock that has no fixed maturity date, often providing dividends indefinitely.
Compounded semi-annually
The method of computing interest by taking into account both the original amount of money deposited or lent and the interest that has been earned on that amount from past periods, with the calculation occurring semi-annually.
Perpetuity
A financial instrument that provides endless payments of a fixed amount of money, often used to model the value of stable companies.
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